Martha argues that low-income countries are poor because their leaders are corrupt and their strict policies deter foreign direct investment. She believes that such policies act as a barrier for poor countries when competing in global markets. In this case, which of the following theories is Martha most likely to state to support her views in explaining why inequality is universal?

Question

Quizplus · Accepted Answer

Martha's argument aligns with Modernization theory, which suggests that economic development and prosperity are achievable through the adoption of Western-style economic policies and institutions, implying that internal factors such as governance and policy choices are crucial for a country's development. This theory contrasts with others that might emphasize global systemic factors or historical exploitation as reasons for inequality.

Martha Argues That Low-Income Countries Are Poor Because Their Leaders